Business

Bain Capital offers to invest in unlikely parternship

In August, Gawker published thousands of confidential private documents from Bain Capital, the venture capital firm which previously employed Mitt Romney. Now, Bain is offering Gawker its help and expertise to expand.

Gawker seemed… well, a bit surprised to find out that the big, bad capitalists might actually nice people who genuinely wanted to help them grow their business.

Our corporate overlord Nick Denton received the following email yesterday from Mike Griffin, an analyst at Bain Capital Ventures, Bain’s venture capital arm. Griffin wanted to explore “synergies between Gawker and Bain Capital Ventures and…find ways that we could be helpful as you continue to grow.”

Bain Capital offers to invest in unlikely parternship

As it turned out, Bain didn’t realize that Gawker had capitalized on trashing their company:

“I’ve been working here for like a week now,” [Mike Griffin] said. “I just thought it was a unique idea. We work with a lot of similar companies. I had no idea about the [Bain stories]. I’m not sure it would work out. This is awkward.”

Indeed.

 

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Comments (3)

  • loneindividual
    Posted on October 11, 2012 at 8:00am

    And the Blaze has record of this Email why?

    What sort of relationship is going on here….I mean…I know that Bain indirectly owns TheBlaze through another subsidiary…but only an idiot would continue to bring attention to that if they were an employee of TheBlaze….or they were a turncoat.

    HI GUYZ! I’m one of those people that watch alot. :)

    Report this comment

    loneindividual  
    • youngblood1
      Posted on October 11, 2012 at 8:55am

      The email was released by gawker. That is how the blaze got it. It is not some big conspiracy as your implying.

      Report this comment

      youngblood1  
  • Mapache
    Posted on October 10, 2012 at 4:59pm

    I guess Nick did not feel the dissemination of the email was a breach of business courtesies as expected in the bottom of the email.

    Report this comment

    Mapache  

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